External auditors

The Shareholders’ General Meeting elects and appoints the Group’s external auditors on an annual basis. In April 2017, Ernst& Young AG, Basel, was re-elected as auditor of Straumann Holding AG for a fourth term of one year. The auditor in charge is Daniel Zaugg, Swiss Certified Public Accountant, who took over the mandate in 2014. The current cycle for Daniel Zaugg finishes in 2020.

The Board of Directors supervises the external auditors through the Audit Committee, which met five times in 2017. The external auditors participated in two of these meetings, to discuss the scope, the audit plan and the auditors’ conclusion of the financial report. Details of the instruments that assist the Board in obtaining information on the activities of the external auditors are on p. 124 of the Annual Report 2017.